October 2018

Directors Beware! You Could Be Held Personally Liable For Data Breaches

We read about it all the time – businesses both here and abroad are increasingly subjected to major data breaches. Cyber crime is on the rise, and we are all at risk. A particular danger faces any director whose company’s computer systems are hacked and losses ensue. Overseas, disgruntled shareholders are already suing directors in […]

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The Importance of Directors’ Meeting Minutes – “Who, What, Where, When and Why?”

Both your company and you personally are put at risk if you fail to comply with the many fiduciary duties and statutory responsibilities imposed on you by the Companies Act. As part of managing that risk you should prioritise the preparation and retention of correct and accurate minutes of all your board and committee meetings.

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Employers: EMP501 Reconcilliation Deadline

SARS registered employers must submit an EMP501 interim reconcilliation on or before 31 October 2018. The Employer Interim Reconciliation period, referring to the period from 1 March 2018 to 31 August 2018, opened in September and runs until 31 October 2018 During the Interim Reconciliation, employers are required to submit an Employer Reconciliation Declaration (EMP501)

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